The group reported revenue of £348.0m for the 52 weeks ended 4 January 2026, up 5.6% from £327.1m in the prior year.
Adjusted EBITDA rose 6.5% to £65.9m, compared with £61.9m a year earlier, while gross profit margin improved from 79% to 80%. Labour costs as a proportion of sales fell from 40% to 38%, reflecting improved operational efficiency.
In its strategic report, the company said trading was supported by continued site expansion and improvements in productivity, helping offset significant industry headwinds including higher National Insurance contributions and increases to the National Minimum Wage.
“Labour margins improved by managing staffing levels without compromising service,” the company said, adding that adjusted EBITDA growth demonstrated its ability to maintain profit while delivering consistently strong earnings.
Pre-tax profit almost doubled to £40.0m, up from £23.2m in the previous year. Directors said the increase was achieved despite consistent spend on pre-opening costs and the reversal of prior-year impairments.
The business continued investing in growth during the period through a combination of new restaurant openings and refurbishments, with additions to fixed assets largely funded from operating profits.
Looking ahead, Troia said it plans to increase market share through further site expansion, continued brand development and a sustained focus on customer service over the next 12 months.
Following the period end, an agreement was reached for the sale of a controlling interest in the group to DIAFA, an Abu Dhabi-based luxury and hospitality investment group.
The company also strengthened its financing position during the year, successfully extending and increasing its banking facilities. A revolving credit facility was expanded to £50m, while total available funding now stands at £325m, comprising a £275m term loan and the revolving facility.
Despite a challenging economic backdrop, management said the business remained competitive due to its value proposition and operational discipline.